Compliance Watch

Question: Do we have to CIP another credit union or bank that wants to open an account?

If you haven’t already done so, please take a moment to complete League InfoSight’s annual survey.

CU PolicyPro is your resource when it comes to staying “current” with the ever-changing regulatory environment.

Question: Can a minor be an owner of an LLC? Answer: Yes. While this arrangement may pose interesting liability and ownership issues for the other members of the LLC, especially if it is member-managed, it is possible for a minor to have an ownership interest in an LLC.

It’s that time of year again, when League InfoSight is looking for YOUR feedback on InfoSight products and services.

The CFPB has announced a proposed new rule, mandated by Congress in section 1071 of the Dodd-Frank Act...

HUD has awarded $47.4 million to fair housing organizations across the country under its Fair Housing Initiatives Program.

Recently, the U.S. District Court for the Western District of Texas (Austin Division) granted the CFPB's motion for summary judgment in Community Financial Services Association of...

FinCEN will host a special virtual FinCEN Innovation Hours Program on Oct. 14, 2021, focusing on the important role of digital identity to enhance financial services inclusion while supporting efforts to counter illicit activity that undermines the integrity and opportunity of the US financial system.

The National Credit Union Administration will host credit union leaders, credit union trade and support organizations, and diversity and inclusion professionals during the NCUA’s second Diversity, Equity, and Inclusion (DEI) Summit.